Question 13 of 19 < View Policies Current Attempt in Progress -/21 E On October 31, the stockholders' equity section of Metlock, Inc.'s balance sheet consists of common stock $836,000 and retained earnings $929,000. Metlock is considering the following two courses of action: (1) declaring a 4% stock dividend on the 83.600 $10 par value shares outstanding or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $15 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares. Stockholders' equity Paid-in capital Retained earnings Total stockholders' equity $ Outstanding shares eTextbook and Media Save for Later Before Action After Stock Dividend After Stock Split Attempts: 0 of 10 used Submit Answer